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Record #: O2017-4091   
Type: Ordinance Status: Passed
Intro date: 5/24/2017 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 6/28/2017
Title: Sale of City-owned property at 2605-2607 E 75th St to Willie Dunmore
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Sale
Attachments: 1. O2017-4091.pdf
1



OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
May 24, 2017










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request of the Commissioner of Planning and Development, I transmit herewith ordinances authorizing the sale of city-owned property.

Your favorable consideration of these ordinances will be appreciated.

Mayor

Very truly yours,
ORDINANCE

WHEREAS, the City of Chicago ("City") is a home rule unit of government by virtue of the provisions of the Constitution of the State of Illinois of 1970, and, as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the City is the owner of the vacant parcels of property located at 2605-07 East 75th Street, Chicago, Illinois 60649, which are legally described on Exhibit A attached hereto (the "Properties"); and

WHEREAS, Willie Dunmore (the "Grantee"), with a home address of 7320 South Stony Island Avenue, Chicago, Illinois 60649, has offered to purchase the Properties from the City for the sum of Twenty Seven Thousand and 00/100 Dollars ($27,000.00), such amount being the appraised fair market value of the Properties, to improve with a parking lot thereon; and

WHEREAS, pursuant to Resolution No. 17-022-21 adopted on April 20, 2017, by the Plan Commission of the City (the "Commission"), the Commission approved the negotiated sale of the Properties to the Grantee; and

WHEREAS, public notice advertising the City's intent to enter into a negotiated sale of the Properties with the Grantee and requesting alternative proposals appeared in the Chicago Sun-Times, a newspaper of general circulation, on March 9 and March 16, 2017; and

WHEREAS, no alternative proposals were received by the deadline indicated in the aforesaid notice; now, therefore,

BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:

SECTION 1. The City Council of the City hereby approves the sale of the Properties to the Grantee for the ...

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